Cloudflare, Inc. 4

Michelle Zatlyn, President and Board Co‑Chair of Cloudflare, Inc., reported disposing of 315,300 Class A Common shares and retaining an indirect interest in 19,615 shares held via a trust.

On this Form 4, Cloudflare, Inc. President and Board Co‑Chair Michelle Zatlyn reported a disposition of 315,300 shares of Class A Common Stock on August 19, 2026, coded as a ‘D’ transaction. No transaction price was provided, so the value is estimated using the current market price of approximately $293.51 per share, implying an approximate transaction value of $92.5 million. After this disposition, she continues to have an indirect beneficial interest in 19,615 shares of Class A Common Stock held by The SZ 2021 Irrevocable Trust dated November 6, 2021, for which she serves as the appointer. This filing is noted as the second of two Form 4s covering transactions occurring from August 19, 2026 through August 21, 2026.

Filing Facts

CIK

1477333

Ticker

NET

Form

4

Source Type

sec

Accession

0001786951-26-000020

Alert Tier

7